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BYD and UzAuto to form NEV production JV in Uzbekistan

Green Car Congress

The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan. Founded in 1995, BYD is a leading NEV (plug-in hybrids and battery-electric vehicles] manufacturer.

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BYD makes brand debut in Uzbekistan, starts local pre-sales of 3 models

CN EV Post

BYD held a brand debut and product pre-sale event in Uzbekistan on March 16, and several of its local dealership stores are set to open this month, according to a press release Friday. It is worth noting that BYD has already made some previous moves to pave the way for its long-term growth in Uzbekistan.

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GM Korea introduces Alpheon eAssist; 25% improvement in fuel economy

Green Car Congress

GM Korea introduced the Alpheon eAssist, the first hybrid vehicle from the company and the first hybrid vehicle in its segment in Korea. GM Korea is Korea’s third-largest automotive company and represents one of GM’s largest manufacturing, design and technology hubs. Alpheon eAssist Click to enlarge.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

These trends indicate that growth remains robust as electric car markets mature. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. However, sales remain limited elsewhere, even in countries with developed car markets such as Japan and India.